Miners have to pay their bills every month, so they need to sell part of their mined Bitcoin holdings. This would, theoretically, put downward pressure on Bitcoin prices each month. Therefore, investors might think they just need to wait each month for Bitcoin to reach their desired price. But does waiting actually lead to a lower price over time? What is wrong with this assumption?
In Hosea 13:10, the prophet Hosea speaks on behalf of God, addressing Israel's misplaced trust in human leadership. In this verse, God challenges Israel's demand for a king and rulers, a request they once insisted upon despite warnings. Israel had long sought political power and human governance, hoping it would bring security and prosperity. But here, God reminds them that their kings and princes could not ultimately save them or provide the security they desired.
This verse underscores a recurring theme in the Bible: true deliverance and salvation come from God, not from earthly authorities or systems. It serves as a rebuke of Israel’s reliance on human leaders rather than trusting in God’s provision and protection.
#google
Russian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000
Don't hold your breath Putin
icon Iain Thomson
Tue 29 Oct 2024 // 21:00 UTC
A Russian court has ruled that Google owes Russian media stations around $20 decillion in fines for blocking their content, and the fines could get bigger.
To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow - but on Tuesday fell a little short of that mark when it posted $88 billion quarterly revenue.
The bizarre amount has been calculated after a four-year court case that started after YouTube banned the ultra-nationalist Russian channel Tsargrad in 2020 in response to the US sanctions imposed against its owner. Following Putin's illegal invasion of Ukraine in 2022 more channels were added to the banned list and 17 stations are now suing the Chocolate Factory, including Zvezda (a TV channel owned by Putin's Ministry of Defence), according to local media.
"Google was called by a Russian court to administrative liability under Art. 13.41 of the Administrative Offenses Code for removing channels on the YouTube platform. The court ordered the company to restore these channels," lawyer Ivan Morozov told state media outlet TASS.
The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week. Owing to compound interest (Einstein's eighth wonder of the world), Google is now on the hook for an insane amount of money, or what the judge on Monday called “a case in which there are many, many zeros.”
Russia fines Google $374 million for letting the truth about Ukraine be told
Google Russia goes broke after bank account snatched
Russian 'troll factory' firebombed – but still fit to fiddle with our minds
Putin reaches for nuclear option: Zuckerberg banned
Not that there's much chance of bankrupting Alphabet over the issue. Google in Russia has been inactive since 2022 after the search giant effectively pulled out of the country following Putin's special military operation. Google says the Russian authorities had seized its bank accounts and the offshoot was essentially bankrupt. The ad-spreader had over 200 staff in Russia and, while some have been relocated, others were laid off.
The battle is now on in courts around the globe as Russia seeks to seize Google's assets, with little success. The Chocolate Factory certainly seems sanguine about it.
"We have ongoing legal matters relating to Russia. For example, civil judgments that include compounding penalties have been imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties," Alphabet reported in its last earnings statement [PDF].
"We do not believe these ongoing legal matters will have a material adverse effect."
Google had no comment on the fine at time of going to publication.
https://www.theregister.com/2024/10/29/russian_court_fines_google/
Lots of paper Bitcoin is being bought. All the spot ETFs already have a supply of Bitcoin purchased by investors. If people only bought spot and transferred it to their own hardware wallets, we would already be much higher.
Interplanetary #Bitcoin
Non-terrestrial users of Bitcoin experience confirmation delays due to the speed of light. On-chain transactors will accumulate time debt as their distance from the Earth increases.
Displayed are round-trip times between Earth and other celestial bodies. These values are approximations and should not be used for uplink metering purposes.
#bitcoin #interplanetary
https://www.bitbubblex.com/uploads_qsa67WW2_Ju12_55gddG34/142d3f5ce6cb626bb534532ae6d48cbb.png
to be found on https://dashboard.clarkmoody.com/
I see so many people getting arrested for things they didn’t do, simply because they purchased something in their name. In my opinion, this is not okay. It’s very careless. Where is the humanity?
This passage is from Friedrich Nietzsche, specifically from his work "On the Genealogy of Morality." Nietzsche critiques what he sees as the "herd morality" of modern society, where concepts of punishment are increasingly questioned, and society becomes overly sympathetic to criminals. He argues that this tendency reflects a weakening of traditional values and strength.
I agree that wages in Malta have kept up with inflation over the past few years. The adjustments made have helped maintain the purchasing power of many workers despite rising prices.
I hear this from many people in different sectors. A good development.
He is one of us
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Hosea 13:10 [10] Where now is your king, to save you in all your cities? Where are a...#google Russian court fines Google $20,000,000,000,000,000,000,000,000,000,000,000 Don't hold your breath Putin icon Iain Thomson Tue 29 Oct 2024 // 21:00 UTC A Russian court has ruled that Google owes Russian media stations around $20 decillion in fines for blocking their content, and the fines could get bigger. To put that into perspective, the World Bank estimates global GDP as around $100 trillion, which is peanuts compared to the prospective fine. Google would therefore have to find more money than exists on Earth to pay Moscow - but on Tuesday fell a little short of that mark when it posted $88 billion quarterly revenue. The bizarre amount has been calculated after a four-year court case that started after YouTube banned the ultra-nationalist Russian channel Tsargrad in 2020 in response to the US sanctions imposed against its owner. Following Putin's illegal invasion of Ukraine in 2022 more channels were added to the banned list and 17 stations are now suing the Chocolate Factory, including Zvezda (a TV channel owned by Putin's Ministry of Defence), according to local media. "Google was called by a Russian court to administrative liability under Art. 13.41 of the Administrative Offenses Code for removing channels on the YouTube platform. The court ordered the company to restore these channels," lawyer Ivan Morozov told state media outlet TASS. The court imposed a fine of 100 thousand rubles ($1,025) per day, with the total fine doubling every week. Owing to compound interest (Einstein's eighth wonder of the world), Google is now on the hook for an insane amount of money, or what the judge on Monday called “a case in which there are many, many zeros.” Russia fines Google $374 million for letting the truth about Ukraine be told Google Russia goes broke after bank account snatched Russian 'troll factory' firebombed – but still fit to fiddle with our minds Putin reaches for nuclear option: Zuckerberg banned Not that there's much chance of bankrupting Alphabet over the issue. Google in Russia has been inactive since 2022 after the search giant effectively pulled out of the country following Putin's special military operation. Google says the Russian authorities had seized its bank accounts and the offshoot was essentially bankrupt. The ad-spreader had over 200 staff in Russia and, while some have been relocated, others were laid off. The battle is now on in courts around the globe as Russia seeks to seize Google's assets, with little success. The Chocolate Factory certainly seems sanguine about it. "We have ongoing legal matters relating to Russia. For example, civil judgments that include compounding penalties have been imposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties," Alphabet reported in its last earnings statement [PDF]. "We do not believe these ongoing legal matters will have a material adverse effect." Google had no comment on the fine at time of going to publication. https://www.theregister.com/2024/10/29/russian_court_fines_google/